Mision Vida Nueva

Analysis

Mision Vida Nueva is a registered charity in United States, based in Opelika, AL. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mision Vida Nueva reported income of $465k and spending of $351k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $465k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mision Vida Nueva sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include Credo High Foundation ($465k), Love Inc of Wexford and Osceola Counties ($465k) and Hopeful Restoration Group Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $957k against liabilities of $0, net assets of $957k.